Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Glen Forrest › Statham St
$825,000
For sale
Asking
5
Bedrooms
3
Bathrooms
3
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$825,000
Asking
No recorded sale for this property.
Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Glen Forrest
-36.1%
Median sale
Suburb $1,291,500
+1.80 pp
Gross yield
Suburb 3.18%
Suburb median $1,291,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$37,528 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Glen Forrest's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $790/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 5.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SaleByHomeOwner.com.auTucked away in a peaceful hills setting, this spacious 5-bedroom, 3-bathroom home sits on a generous 2,128sqm battleaxe block, offering privacy, tranquil moments, and a true connection with nature. Constructed from solid brick and tin, this home boasts great bones and is ready for a visionary buyer to bring it back to life.
Imagine sitting on the front verandah, a gentle, cool breeze on your face as you gaze through the blooming roses toward the expansive valley views, where rolling treetops stretch into the distance. The property is dotted with perimeter trees, offering just the right blend of shade and sunlight, whilst the soft sounds of birdsong create the perfect backdrop for peaceful mornings and relaxing afternoons.
Despite its secluded feel, being off-street and surrounded by greenery, the home is just a short walk from a variety of community amenities, including a kindergarten and playgroup, community hall and the Glen Forrest Sports Club; a favourite and local gathering space. Shops, public transport and many recreational options are all within easy reach, making this an ideal location for families, renovators, or investors looking to add value.
Inside, the layout provides ample space for large families or multi-generational living. Whilst the home is in need of renovation, its solid structure and timeless charm make it the perfect canvas to create your dream retreat. Gardeners will love the cute quaint front cottage garden with a large expanse of garden beds containing rich soil just waiting to be transformed.
5 bedrooms and 3 bathrooms
Single storey brick & tin
Built 1985
Formal lounge with rafted ceiling
Sunken games room with bar
Kitchen features breakfast bar, double sink, new electric oven, new gas cooktop, appliance garage, big pantry
Large primary bedroom with walk-in robe and ensuite
2 patios
Double and single carports
Ducted evaporative air conditioning to majority of house
Gas hot water system
Blow-in roof insulation
2 garden sheds
2,128m2 battleaxe block
Shire of Mundaring annual rates approx $2,750
Water rates $282
Zoned Residential R5 (not subdividable)
NBN connected
If you’re looking for a project with huge potential in a welcoming hills community, this could be the one for you! Don’t miss your chance to transform this hidden gem into something truly special.
This home is being sold AS IS. A Structural and Timber Pest Report and other information will be made available to buyers who inspect the property.
Viewing is by private appointment.
For enquiries please phone: 0418 908 399
Property Code: 427
Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.